Commercial Office for Auction Kumbhariya Surat 55.5 Lakh by Icici Bank

Quick read

• ▸Possession: Physical
• ▸Area: 1023.50 sq. ft.
• ▸Locality: Kumbhariya
• ▸Reserve: ₹55,50,000
• ▸EMD: ₹5,55,000

About this property

Commercial Office bank auction in Kumbhariya, Surat by ICICI Bank — reserve price ₹55,50,000, 1023.50 sq. ft., Physical possession.

Explore this prime commercial office space for sale through a bank auction in Kumbhariya, Surat. Located in the prominent Raghuvir Celeum Center, this unit (Office No-207) offers a carpet area of 1023.50 sq. ft. on the 2nd floor. Situated opposite the popular Shyam Sangini Market, this property is ideally positioned for business operations. The e-auction, managed by ICICI Bank, provides a lucrative investment opportunity for commercial real estate buyers. Interested parties must note the auction date of 13th October 2026, with the last date for EMD submission being 12th October 2026. This bank auction property is a great value proposition for investors looking to acquire well-located commercial assets in Surat. Conduct property inspection on 24th September 2026 to evaluate this high-potential space.

GeoSquare note: This property is located in a well-known commercial complex in Surat with a significant carpet area of 1023.50 sq. ft., making it an excellent investment for business use. The bank has already taken physical possession, which significantly reduces the legal risks typically associated with such auctions. Given the strategic location near Shyam Sangini Market and the competitive reserve price, it offers high potential for appreciation.